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What is the FastTRACK? FastTRACK is a supercharged CAREER path that gives new Shaklee Business Leaders the ability to earn up to $89,000 in FastTRACK.

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Presentation on theme: "What is the FastTRACK? FastTRACK is a supercharged CAREER path that gives new Shaklee Business Leaders the ability to earn up to $89,000 in FastTRACK."— Presentation transcript:

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2 What is the FastTRACK? FastTRACK is a supercharged CAREER path that gives new Shaklee Business Leaders the ability to earn up to $89,000 in FastTRACK bonuses, on top of all other compensation*. An incentive program to reward NEW Leaders for achieving rapid growth through the Shaklee Dream Plan *See average income by rank chart on page 17.

3 Who is Eligible? Distributors who purchase one or more of the Success Packs and become a Qualified Distributor* A Qualified Distributor is a person who joins with a $ Distributor Welcome Kit and purchases one or more Success Packs within their first full calendar month. PV = Point Value *Purchase of a Distributor Kit for $49.95 and payment of Qualified Distributor fee of $150 also qualifies for FastTRACK bonus eligibility. **Based on Suggested Retail Price.

4 How to Get Started on FastTRACK
First build to 2000 PGV and achieve Director rank Once you achieve this Business Leader rank, your FastTRACK clock begins Then, achieve higher Business Leader ranks to begin earning cash awards

5 Overview* of Rank Achievement Earnings:
Senior Director: Up to $1,000 Coordinator: Up to $3,000 Senior Coordinator: Up to $5,000 Executive Coordinator: Up to $10,000 Sr. Executive Coordinator: Up to $15,000 Key Coordinator: Up to $15,000 Sr. Key Coordinator: Up to $15,000 Master Coordinator: Up to $25,000 Each reward is paid out in up to 10 equal monthly payments. Must be completed within 11 months of qualifying for first payment. *Complete details can be found in the FastTRACK Rules in the 2017 – 2018 Incentives Booklet

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7 FastTRACK Payout Example

8 FastTRACK Matching Bonuses
You can earn 50% on the FastTRACK bonuses of each participant you coach through the FastTRACK program through the rank of Sr. Executive Coordinator (up to $17,000)*. There is no limit to the number of Matching Bonuses you can earn in the FastTRACK Program! *Complete details can be found in the FastTRACK Rules in the 2017 – 2018 Incentive Booklet

9 FastTRACK Matching Bonuses
A 50% Matching Bonus will be paid to the Original Sponsor of the FastTRACK participant each time a participant qualifies and earns one of the FastTRACK bonuses. To qualify for a Matching Bonus you must be the Original Sponsor, and you must be a Business Leader without VGMs. Original Sponsor: The first sponsor of a Shaklee Family Member (i.e., the sponsor at the time the application of a Shaklee Family Member was accepted by Shaklee.)

10 FastTRACK Online Tracker
Your FastTRACK clock begins when you first promote to Director. Your online tracker will be updated the middle of the month following your promotion to Director. Your FastTRACK “must achieve by” dates and targets will show on your tracker.

11 How to Use FastTRACK to Grow Your Business

12 Achieve Director*—FastTRACK Clock Begins!
2016 Annual Average Income: $10,227 2000 PGV Sponsor and Become a Director Director *Full details can be found in the 2017–2018 Shaklee Incentive Booklet

13 Achieve Sr. Director* Within 6 Full Months of Promotion to Director
2016 Annual Average Income: $14,010 YOU Senior Director Director Qualify for car payments: $225–$250/month FastTRACK: up to $1,000 Paid out in up to 10 equal monthly payments of $100—must be completed within 11 months of qualifying for first payment. Up to $500 to Upline Business Leader! *Full details can be found in the 2017–2018 Shaklee Incentive Booklet

14 A Qualified FastTRACK Director Leg
Senior Director “back-up” example Each qualifying Director Leg must have at least one fully qualified Business Leader with PGV in each qualifying month If a First Generation Leader who counts for qualification does not have 2000 PGV, then there must be at least one Business Leader in that Business Leader Leg who has 2000 PGV to count as your “backup.” Applies to every rank starting at Senior Director through Master Coordinator YOU 1500 PGV Not enough to qualify 2000PGV * Backup that does qualify

15 Achieve Coordinator* Within 9 Full Months of Promotion to Director
2016 Annual Average Income: $21,429 5000 OV YOU Coordinator Director Director Eligible for trip FastTRACK: up to $3,000 Paid out in up to 10 equal monthly payments of $300—must be completed within 11 months of qualifying for first payment. Up to $1,500 to Upline Business Leader! *Full details can be found in the 2017–2018 Shaklee Incentive Booklet

16 2016 Annual Average Income: $33,547
Achieve Sr. Coordinator* Within 12 Full Months of Promotion to Director 2016 Annual Average Income: $33,547 10,000 OV 5000 outside Largest Leg YOU Senior Coordinator Director Director Qualify for car payments: $325–$375/month FastTRACK: up to $5,000 Paid out in up to 10 equal monthly payments of $500—must be completed within 11 months of qualifying for first payment. Up to $2,500 to Upline Business Leader! *Full details can be found in the 2017–2018 Shaklee Incentive Booklet

17 2016 Annual Average Income: $48,791
Achieve Executive Coordinator* Within 15 Full Months of Promotion to Director 2016 Annual Average Income: $48,791 20,000 OV 10,000 outside Largest Leg YOU Executive Coordinator Director Director Director FastTRACK: up to $10,000 Paid out in up to 10 equal monthly payments of $1,000—must be completed within 11 months of qualifying for first payment. Up to $5,000 to Upline Business Leader! *Full details can be found in the 2017–2018 Shaklee Incentive Booklet

18 2016 Annual Average Income: $63,701
Achieve Sr. Executive Coordinator* Within 18 Full Months of Promotion to Director 2016 Annual Average Income: $63,701 30,000 OV 15,000 outside Largest Leg YOU Senior Executive Coordinator Director Director Director FastTRACK: up to $15,000 Paid out in up to 10 equal monthly payments of $1,500—must be completed within 11 months of qualifying for first payment. Up to $7,500 to Upline Business Leader! *Full details can be found in the 2017–2018 Shaklee Incentive Booklet

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